Why bitcoin and crypto aren't ready for real-world adoption

The cryptocurrency industry, despite over a decade of development, has failed to achieve widespread adoption, with ownership and actual usage remaining below 10%. The core issue isn't the technology itself, but its complexity and focus on speculation rather than solving everyday financial problems. Users face hurdles like managing private keys, navigating fragmented exchanges, and unpredictable fees. The article highlights a pattern of insiders profiting while ordinary users are left holding devalued assets. Furthermore, the industry often replicates the opaque financial practices it initially aimed to disrupt, with leveraged trading and synthetic assets creating instability. True mass adoption requires simplifying the user experience, prioritizing real-world utility, ensuring transparency, and delivering predictable costs, ultimately making crypto as easy to use as existing financial tools.

(Source：CoinDesk)